Espresso Book Machine Launched

We've heard a bit about the 'Espresso Book Machine' previously...now comes news from The Bookseller that the first machine has been installed at the New York Public Library:

The first Espresso Book Machine (EBM), which prints and delivers books on demand within minutes, was revealed at the New York Public Library yesterday (21st June). The EBM is a product of On Demand Books, the company founded by publishing executive Jason Epstein and business partner Dane Neller, who predict that it will revolutionise publishing.

Visitors to the library can print off free copies of public domain works such as Moby Dick, and - in a nice touch - appropriately themed copyrighted titles such as Chris Anderson’s The Long Tail. Wonder what the ink/paper and cover quality is like on these things?

Update: Bloomberg has a much more detailed story about the Espresso Book Machine.